Koskela, Erkki; Uusitalo, Roope - 2004
Finnish unemployment rose in the early 1990s from 3% to 18% in just four years.It has since fallen back to the average … unemployment.We then discuss and research the role of labour market institutions in the adjustment process that has brought … unemployment back to a " normal " level.We argue that these institutions cannot be blamed for the increase in unemployment, but …